Hours before groundbreaking on Columbus Crew SC’s new downtown stadium, the Crew and Nationwide Realty Investors announced that they had agreed to waive all contract contingencies on the stadium’s land, paving the way for the land purchase to be completed by the end of the month. This effectively renders the team’s deal to purchase the Arena District land for the stadium complete and paves the way for a July 2021 opening.
In a joint statement, the Black & Gold and Nationwide Realty Investors announced that “as anticipated, all contract contingencies have been waived and the pending purchase of the land will close by the end of the month. Crew SC continues to have full access to the site, and remains on schedule for a summer 2021 opening in the new Arena District stadium.”
Crew ownership has also contributed an additional $70 million to the deal, taking the total cost of the stadium above $300 million. With this increased contribution, the Haslam and Edwards families, who took over operations of the club in January, have showed their commitment to pushing the deal across the line and providing Columbus with a world-class stadium experience. The City of Columbus has also committed $113.9 million toward the project with much these funds covering infrastructure development around the brand new stadium.